Mat-Su Cabaret Hotel Restaurant And Retailers Association
- Assets
- $211.6k
- Revenue
- $143.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Palmer, AK
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-1519662
Organization Overview
Mat-Su Cabaret Hotel Restaurant And Retailers Association is located in Palmer, AK. The organization was established in 2017. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mat-Su Cabaret Hotel Restaurant And Retailers Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Mat-Su Cabaret Hotel Restaurant And Retailers Association generated $143.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 45.0% each year . All expenses for the organization totaled $64.1k during the year ending 12/2021. While expenses have increased by 27.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAT-SU CABARET, HOTEL, RESTAURANT AND RETAILERS ASSOCIATION (CHARR) IS DEVOTED TO THE IMPROVEMENT OF BUSINESS CONDITIONS IN THE HOSPITALITY INDUSTRY WITHIN THE MATANUSKA-SUSITNA BOROUGH AREA. OUR MEMBERSHIP CONSISTS OF RESTAURANTS, HOTELS, PACKAGE STORES, AND BARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT TO ALASKA CHARR THROUGH SPONSORSHIPS TO THEIR ANNUAL MEETINGS AND CONVENTIONS WHICH ARE RELEVANT TO OUR ORGANIZATION AND SPONSORSHIPS AND DONATIONS TO ALASKA CHARR'S EDUCATION FUND FOR THEIR PRO-START PROGRAM AND GOLF TOURNAMENT.
SUPPORT TO LOCAL FOOD BANKS: PALMER FOOD BANK, SUSITNA FOOD PANTRY, MAT-SU FOOD BANK AND CHRISTMAS FRIENDSHIP DINNER.
SUPPORT TO OTHER LOCAL AREA EVENTS, FUNDRAISERS, AND MEMBERS. IN 2021 THIS INCLUDED THE MAT-SU FOOD BANK FUNDRAISER; MY HOUSE; SPONSORSHIP TO THE WASILLA ROTARY CLUB; AND ANNUAL MEMBER CELEBRATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Markie Shiflea Executive Dir. | Officer | 30 | $22,025 |
Jim Turner President | OfficerTrustee | 1 | $0 |
Corey Hughes Secretary | OfficerTrustee | 1 | $0 |
Samuel Smith Treasurer | OfficerTrustee | 1 | $0 |
Mary Metiva Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,238 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,071 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,309 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $135,599 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $143,908 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $47,153 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $22,025 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $954 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,625 |
| Advertising and promotion | $6,553 |
| Office expenses | $372 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $257 |
| Travel | $3,278 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,856 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,492 |
| All other expenses | $0 |
| Total functional expenses | $64,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,735 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,905 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $211,640 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $211,640 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $211,640 |
Grants Awarded
Over the last fiscal year, Mat-Su Cabaret Hotel Restaurant And Retailers Association has awarded $44,953 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Anchorage, AK PURPOSE: SUPPORT FUTURE HOSPITALITY LEADERS | $12,500 |
Wasilla, AK PURPOSE: SUPPORT LOCAL FOOD BANKS | $11,000 |
Anchorage, AK PURPOSE: SUPPORT ALASKA CHARR | $10,453 |
Talkeetna, AK PURPOSE: SUPPORT LOCAL FOOD BANKS | $5,500 |
Palmer, AK PURPOSE: SUPPORT LOCAL FOOD BANKS | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mat-Su Cabaret Hotel Restaurant And Retailers Association has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Interior Cabaret Hotel Restaurant & Retailers Association Fairbanks, AK PURPOSE: GENERAL DONATION SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Master Builders Association Of King And Snohomish Counties Bellevue, WA | $50,140,289 | $12,586,024 |
Greater Seattle Chamber Of Commerce Seattle, WA | $24,652,320 | $11,051,510 |
Wafla Lacey, WA | $11,233,432 | $9,712,213 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
Archbright Seattle, WA | $17,744,548 | $6,553,314 |
Associated General Contractors Of Washington Seattle, WA | $55,149,734 | $7,565,354 |
Merchant Risk Council Inc Seattle, WA | $6,892,922 | $3,889,563 |
Spokane Regional Chamber Of Commerce Spokane, WA | $2,334,125 | $4,049,802 |
Washington Tourism Alliance Seattle, WA | $3,846,718 | $5,068,269 |
Association Of Genuine Alaska Pollock Producers Seattle, WA | $3,606,525 | $3,582,021 |
Fiber Broadband Association Spokane, WA | $2,502,947 | $3,278,475 |
Alaska State Chamber Of Commerce Anchorage, AK | $924,831 | $2,986,876 |